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Including HMRC payment reference in BACS payment file

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edited Sep 18, 2020 3:09PM in Payables, Payments & Cash Management 2 comments

Summary

There is a UK requirement from HMRC to include a unique payment reference in the BACS payment file, this post is enquiring how other Oracle Fusion customer achieve this.

Content

Requirement from HMRC is for a payment reference to include the collection ID and the month (eg something like this '123456-APR-21') is included in the BACS payment reference field. Currently the payment ref generated by Fusion is just a random string of numbers. 

We have raised this with our implementation consultants and ultimately raised an SR with Oracle.

The response from Oracle confirms that there is no way to enter a unique reference number into the 'ad-hoc payment request' task and have it pass-through to payment file. 

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